As the economy moves forward, Fintech is poised to make incredible gains with some of its most standout leaders. The mobile payments sector is particularly huge, with 1 billion of the people on planet earth using some kind of mobile payments system in 2020. It’s a trend that may have been jumped ahead by Covid, but it has the strength to keep on growing all on its own moving forward. That’s why I’m particularly excited about PayPal Holdings Inc. (PYPL) when it comes to strong performance numbers and the tech to keep up with the biggest trends. It’s also why I’m looking at StoneCo Ltd. (STNE) when it comes to playing Brazil’s huge and still-growing economy, where people are hungry for banking options. Check out the video to see exactly why these two companies make such appealing plays on the fintech sector.
Michael A. Robinson